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20121108
20121116
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Search Results 0 to 18 of about 19 (some duplicates have been removed)
to what the president said today and what speaker john boehner said last week. listen to this. >> you've said that the wealthiest must pay more. would closing loopholes instead of raising rates for them sty y satisfy you? >> i think there are loopholes that should be closed and we should look at how we can make the process of deductions, the filing process easier, simpler, but when it comes to the top 2%, what i'm not going to do is to extend further a tax cut for folks who don't need it. >> raising tax rates is unacceptable and frankly, it couldn't even pass the house. >> well, it feels like a dÉjÀ vu all over again. somebody is going to have to blink or we go over the fiscal cliff. my next guest knows all about fiscal cliff uncertainty and its effect on the individual investor. walter bettinger is ceo of charles schwab. the market certainly feels pessimistic. we are looking at another 200-point decline today. the market is down 5% since the president was re-elected. what are you hearing from clients? >> clients are really concerned. there is pessimism among investors. there's grea
passed already, with those rates and john boehner responded. >> the senate has already passed a law like this. democrats in the house are ready to pass a law like this and i hope republicans in the house come on board, too. we should not hold the middle class hostage while we debate tax cuts for the wealthy. >> i think in stead of the house moving on the senate bill, the senate ought to move on the house bill. >> so the debate has been engaged. it's going to be an interesting conversation on friday to get it started. >> that's right. he'll have the senate leaders and house leaders over to talk about this. one of the things that was so clear from that press conference was that the president is saying let's move this forward, let's move this forward now. he is certainly realizing that when you look at the four years that he has ahead of him, really it about the next 18 months to two years. that's when he has a mandate that, when he has political capital to spend. quickly he also wants to forestall some of these tax hikes that could come as early as january. john boehner initially said, lis
rejected the mitt romney, john boehner solution for tax reform. >> what i will not do is to have a process that is vague, that says we're going to sort of, kind of raise revenue through dynamic scoring or closing loopholes that have not been identified. and the reason i won't do that is because i don't want to find ourselves in a position six months from now or a year from now, where lo and behold, the only way to close the deficit is to sock it to middle class families. >> now, that is the classiest way i have ever seen anybody say, you know what, somebody's got to pick up the bar tab, boys. this is what president obama ran against in the presidential election. mitt romney's approach to tax reform was, trust me. the american public wanted specifics. and president obama continued to give specifics today, but the economy wasn't the only thing on the president's mind today. earlier in the day, here's another development. ambassador to the united nations, susan rice came under fire from republican senators. senators john mccain and lindsey graham, back at it, trying to trump up the ambassador
speaker john boehner was easily re-elected to the post on wednesday with the exception of one vote, texas congressman nominated former speaker newt gingrich. it would have been perfectly legal but no one seconded the nomination. his fellow texan congressman ron paul gave part one of the farewell speech as he prepares to retire at year's end. >> sadly, many religious groups, secular organizations and psychopathic authoritarians endorse government initiated force to change the world. >> national journal reports wisconsin congressman and former vp hopeful paul ryan will remain house budget committee chairman after being granted a gop waiver to avoid being term limited out of that spot. >>> senate majority leader harry reid lashed out at massachusetts senator scott brown mocking brown's calls for bipartisanship as a joke, describing brown as one of the most partisan senators ever to serve. >>> we now know which political office may be sought by another member of the bush family, george p. bush. his father, former florida governor jeb bush, confirms in a letter to potential donors that his son
as the middle class does not get hurt. house speaker john boehner seems optimistic about these negotiations. >> we can all imagine a scenario where we go off the fiscal cliff. if, if despite the election, if despite the dangers of going over the fiscal cliff and what that means for our economy that there's too much stubbornness in congress that we can't even agree on giving middle class family as tax cut, then, middle class families will all end up having a big tax hike. >> there are no barriers here to sitting down and beginning to work through this process. i don't think anyone on either side of the aisle underestimates the difficulty that faces us. but i do think that the spirit of cooperation that you have seen over the last week from myself and my team, from democrats across the aisle, from the president, have created an atmosphere where i think that, i'm, remain optimistic. i was born with a glass half-full. if i hadn't been i sure wouldn't be here. jon: so let's get to it. how close are we to the edge of that fiscal cliff? marjorie clifton, a former consultant to the obama campaign a
to solve the hunger problem right here in new york city. the >> eliot: john boehner may refuse to raise taxes on the rich, but others sound a bit more reasonable, including of all people the ceo of goldman sachs. that's head. but i'm i'm let's join jennifer granholm for an up in-depth report on schools meals and more about benghazi and the petraeus scandal. that's >> eliot: goal man sax ceo lloyd blankfein has an important op-ed in today's wall street journal. perhaps making up for the fact that no traditional wall street banking ceos were invited to the ceo con fab at the white house today. he wanted to get his views on some important fiscal issues on the record. he does articulate a framework that permits a serious go goesation leaving a resume of over 1 trillion-dollar of cash sitting on the balance sheets of u.s. companies. eliminateing uncertainty would be fine the much more important issue is a lack of demand for the products that the capital expenditures would produce. we have a demand crisis and not an uncertainty crisis. that point needs to be reiterated often. blankfein says i
. and despite that, john boehner believes that a solution is possible. take a listen. >> i've outlined a framework for how both parties can work together to avert the fiscal cliff without raising tax rates. if you've look closely at what the president had to say and look closely at what i've had to say, there are no barriers here to sitting down and beginning to work through this process. >> when it comes to those tax hikes, though, the president saying that 98% of americans would not see their taxes go up, that 97% of small businesses would not be impacted at all. he does see some room there to close loopholes for some tax reforms but he doesn't believe that that's enough to make up that trillion dollars, and that the math simply doesn't add up. so what the president wants is a comprehensive plan so that middle-class americans are not hurt. zoraida? >> let's move on to the heated back and forth over u.n. ambassador susan rice. republican senators john mccain and lindsey graham say they would actually try to block rice from being promoted to secretary of state should she be nominated.
there doesn't seem to be a lot of wiggle room here, but speaker john boehner sounded a bit optimistic. >> i've outlined a framework for how both parties can work together to avert the fiscal cliff, without raising tax rates. >> a few have looked closely what the president have had to say, have looked closely at what i have had to say. there are no barriers here to sitting down and beginning to work through this process. >> the president says under his plan, 98% of americans won't see their taxes. 97% of those small businesses won't be impacted at all. and while the president believes that there's room to close some of these loopholes, to have some tax reform, he doesn't believe that there's enough there to make up $1 trillion. and that there needs to be a comprehensive approach, so that middle class americans won't be impacted. john? >> dan, the president also talked about the petraeus investigation. what's he saying about that right now? >> and this was the first time that the president has weighed in on this publicly. he had very kind words for general petraeus and his service, not only i
speaker john boehner faces as he tries to unify a deeply divided republican party, and all over congress they are deeply divided. he's trying to find compromise with the president before the country's finances go over the fiscal cliff. my credit card rewards are easy to remember. with the bankamericard cash wards credit card, i earn 1% cash back everywhere, every time. [ both ] 2% back on groceries. [ all ] 3% on gas! no hoops to jump through. i earn more cash back on the things i buy most. [ woman in pet store ] it's as easy as... [ all ] one! -two. -[ all ] three! [ male announcer ] the bankamericard cash rewards credit card. now is a good time to think about your options. are you looking for a plan that really meets your needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medi
leadership position in the house republican leadership with john boehner, eric canter and kevin mccarthy ahead of her. that's big news for house republicans. also big news on the democratic side of the house today after much, much speculation, nancy pelosi announced she'll stay on for another two years as a top democrat in the house. but that wasn't the only message she was sending today. despite losing the gavel to republicans in 2010 and failing to win it back last week, nancy pelosi says she's staying. >> i have made a decision to submit my name to my colleagues to once again serve as the house democratic leader. >> reporter: flanked by dozens of her democratic female colleagues, pelosi clearly relished the chance to draw a stark contrast with house republicans. >> i'm so proud to stand here with you, my sisters. this is girls morning out. we must have the further empo r empowerment of women. this statement of the strength of women in the congress of the united states. >> reporter: the next congress will have a record 78 women serving in the house. 58 of them democrats, only 20
republicans. listen who what house speaker john boehner said about that throwing cold water on it. >> at this point i think that the standing committees of the house whether they be the oversight committee or the intelligence committee are working diligently on these issues, and at this point i think that's appropriate. >> now, what john mccain and his colleagues are arguing is that there's too much stove piping going on. there are too many committees, and twoul today is a good example. there are hearings going on all over capitol hill and then probably will continue to be. they think it all should be streamlined into one committee, but, suzanne, using the term watergate, using the term coverup, saying what did he know, when did he know it, talking about the president, not exactly a way to get bipartisan support for something that, you know, democrats clearly don't want. it is absolutely -- you mentioned at the beginning, very, very tense, particularly between these two old rivals, john mccain and president obama. >> not the way to bite -- get the bipartisanship going. okay, dana.
is listening to their suggestions. up to this point house speaker john boehner is saying he will not accept any increases on tax rates. but some top republicans are quietly coming around. it is obvious after the election that republicans do not hold the mandate on taxes. while the g.o.p. still might not agree to a tax rate on those making more than $250,000 a year, if democrats demand a millionaire tax increase, it will be hard for republicans to say no. climate change actvilles are not feeling too optimistic after the president's news conference yesterday. advocates had been hoping the president would push for a carbon tax as a way to help raise revenue during talks on the fiscal cliff. while the president did say he is a official believe err -- firm believer in climate change and will take up the issue in the future. for now it will take a backseat to the economy. this is also an issue both parties avoided during the presidential campaign and even during energy talks, there was no mention of climate change
Search Results 0 to 18 of about 19 (some duplicates have been removed)